Mark Antony

The softer than anticipated US payrolls report stoked hopes of an interest rate cut by the Federal Reserve this year, injecting fresh life into US equity funds. According to a report by Reuters, US equity funds recorded their first inflow […]

Chinese automakers, including Chery Auto and BYD, are planning to construct manufacturing and assembly facilities in Europe. This strategic move aims to boost sales of cost-effective cars in the region and compete with European auto manufacturers, amid weaker demand in

Korean Air will sell five of its Boeing 747-8 aircraft to US aerospace firm, Sierra Nevada Corporation, according to an exchange filing by the airline. In a deal valued at approximately $674m (918 billion Korean won), these aircraft sales are

The U.S. auto safety regulator has launched a preliminary investigation into 6,813 Fisker Ocean SUVs manufactured in 2023, citing concerns over their automatic emergency braking system. According to the regulator, there have been complaints of the braking system initiating without

The US auto safety regulator has initiated a preliminary evaluation into 210,960 Ford vehicles amid complaints of possible diesel fuel leaks that may potentially lead to fire incidents. The regulator’s initial inspection serves as the first measure to ascertain whether

Honda Motor Co, Japan’s second-largest automaker, projects a 2.8% increase in operating profit for the current fiscal year, riding on strong sales in the United States. The automotive giant beat fourth-quarter estimates, with a six-fold growth in operating profit, which

Japanese tech investor SoftBank Group is likely to report financial losses despite positive quarterly performances from tech assets like Arm Holdings. The performance from other listed assets, such as Coupang and DoorDash, was mixed, leading to analysts’ uncertainty about the

“New bipartisan legislation, sponsored by Republicans Michael McCaul and John Molenaar, Democrats Raja Krishnamoorthi and Susan Wild aims to facilitate U.S. export controls on advanced AI models. This effort aims to guard against potential misuse by foreign entities and to

“New China Tariffs Targeting Electric Vehicles, Batteries in Pipeline: Biden Administration.” The US government, under President Joe Biden’s leadership, will reportedly introduce new trade tariffs targeting key Chinese piecemeal sectors, including electric vehicles, batteries and solar equipment, according to Bloomberg.

OpenAI, backed by Microsoft, is reportedly preparing to unveil an AI-based search product in a move considered a direct challenge to Google and AI search startup, Perplexity, according to confidential sources. The AI search product is understood to be an